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Published 21:42 19 Apr 2017 BST
Updated 21:45 19 Apr 2017 BST
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But now, my friends, now you can get in your car and drive to Ikea and pick up an almost identical bag for a mere fraction of the price. Yup, that's right. The Frakta large blue shopping bag is a customer favourite at Ikea, so large and practical people use it for shopping, moving house and even as storage when packing stuff away.
Now, we know the Balenciaga one is leather, but really, when you think about it, isn't plastic even cooler?
And Demna Gvasalia at the house of Balenciaga is known for frequently drawing inspiration from street-wear and pop culture when he designs, so maybe it isn't all that strange that he would reimagine the Ikea's iconic blue shopper in luxe leather.
Either way... the tweets are hilarious,
Ha... I can't with this.#WhoWoreItBetter #WhatNotToWare #FashionDont #Knockoffs #Balenciaga #HandBags @BALENCIAGA @IKEAUSA @IKEAUK pic.twitter.com/LR4R0uiTKr
— Sean Mcfarlane (@sendseantweets) April 19, 2017
Who wore it best? Balenciaga's new £1705 bag, or IKEA's 40p Frakta bag? #Ikea #Balenciaga pic.twitter.com/SutJS6mdvK
— Liam Gabriel Ullrich (@Liam_Ullrich) April 19, 2017
Ikea #totebag: When designers make expensive versions of cheap things - BBC News https://t.co/5hcv8TEUjK #Balenciaga pic.twitter.com/fQv5RMW1Ln
— MȺŧŧɨȺs WȺȼħŧmɇɨsŧɇɍ (@mattiaswac) April 19, 2017
#Balenciaga's homage to #Ikea's tote is one of those things that make you go hmmm | https://t.co/gwuTW8yRrz via @mashable pic.twitter.com/PmtVV8fR7z
— Giovanni Campanella (@giocampa) April 19, 2017
Right... off to Ikea we go.This #Balenciaga bag just debuted for over $2,000...you can get it at Barneys or you could save 2 grand & just go to #Ikea -@CooperLawrence pic.twitter.com/1wXD4K5LaQ
— 106.1 BLI (@1061BLI) April 18, 2017
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